Northern Tier Energy LP (NTI)

[jugs]

You and I share the same perspective. We are both retired, by the way. I think you may have misunderstood something. I'd said:

Lots of fun for what would otherwise be a boring stock to hold.

I'll stand by that. For someone NOT retired and perhaps younger, NTI is hardly the most exciting stock around. But the income prospects are great enough for me to eagerly anticipate each quarter, contributing to my support & probably yours, too.

For some of us, fun stocks twist and turn frequently, often frightening and sometimes disappointing. The very fact they can be utterly unpredictable makes them wonderful fantasies although not necessarily best friends.

NTI hasn't done much since the overdone drop immediately following its last going ex-dividend. Today, seeing units rise a dime above $27, it seemed the right time to let go of 1,500 units, pocket the $3.36 gain and await a buy-back point somewhere around $26.65 and maybe lower. This creates excitement when none would be otherwise available.

I'm delighted to own units. And I relish the steady-as-she-goes demeanor. Still, investing for a living requires generating some income. Since the middle of May, this stock has not generated income for me except when I sell higher and repurchase lower. And if I misjudge my reentry point, no harm done for I still hold enough thousands of units to support the family.

This has been one of my greatest holdings ever. I hope it is the same for you!